The UK’s Private Finance Initiative market is predicted to rise to over £8 billion a year and are indications of growing opportunities. PFI creates a long-term income stream and valuable opportunities for portfolio diversification. PFI has evolved at a fast pace the momentum is set to continue. However, there are major challenges facing organisations. These include the lack of PFI experts, longer negotiation periods tight time schedules to deliver large-scale schemes, high levels of investment and risks and limited knowledge transfer between PFI projects. Concerns over the level of sharing have prompted the development and evaluation of a Knowledge Transfer that encourages construction organisations to transfer PFI knowledge between. It achieves this by building on a questionnaire survey of PFI clients and construction, case studies of companies involved in PFI, and research workshops to validate framework developed.
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Carrillo et al. (2006) studied this question.
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